Posts filtered by tags: Carried Interest[x]


JPMorgan CEO blasts tax breaks for race cars and private jets - and says the write-offs need to stop

JPMorgan CEO Jamie Dimon said the US should get rid of tax breaks for horse racing, race cars, and golf courses. Mike Blake/Reuters JPMorgan CEO Jamie Dimon blasted tax breaks in his annual shareholder letter on Wednesday. Dimon proposed major tax reforms to promote growth and address income inequality. The comments come as President Biden proposes a corporate tax rate increase. See more stories on Insider's business page. The chief executive of Wall Street's biggest bank thinks t...
Tags: Amazon, Politics, News, Finance, Wall Street, US, Trends, Joe Biden, Biden, Tax Breaks, Jamie Dimon, Jpmorgan, Mike Blake, Dimon, Carried Interest, Reuters JPMorgan

Common Sense: A Tax Loophole for the Rich That Just Won’t Die

Despite President Trump’s campaign promises and populist fury, carried interest survives in the House Republican plan for a tax overhaul.
Tags: News, House Of Representatives, Tax credits, Republican Party, Capital Gains Tax, Trump, House Republican, United States Politics and Government, High Net Worth Individuals, Federal Taxes (US, Deductions and Exemptions, Carried Interest

Connecticut's undertaxed super-rich hedgies get "tax bills" from anti-cuts protesters

Connecticut, home to the richest hedge-fund managers in America, is going broke, cutting services and gutting pension plans to try and fill its $1.8B budget hole -- a hole it plans on filling by taking away $1.5B from the state's workers. (more…)
Tags: Post, News, NYC, America, Austerity, Connecticut, Piketty, Class War, Hedge Funds, Trumpism, 1 Percent, Guillotine Watch, Carried Interest